Older news
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Iceland tops the WEF Global Gender Gap Index for the consecutive tenth year
For the tenth year in a row, Iceland is at the top of the World Economic Forum Global Gender Gap Index published this morning. Three Nordic neighbours follow Iceland on the Index – Norway in second pl...
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EFTA and Indonesia sign CEPA agreement
Ministers and other representatives from the EFTA States, including Iceland, and from Indonesia have signed a Comprehensive Economic Partnership Agreement (CEPA). The agreement will strengthen the eco...
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New National Action Plan on Women, Peace and Security
Iceland’s third National Action Plan on Women, Peace and Security has been published. An external evaluation of the implementation of Iceland’s second National Action Plan that was in force between 20...
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White Paper on a Future Vision for the Financial System
A good regulatory framework and robust supervision, efficient banking operations and sound ownership of financial undertakings are the three main pillars which need to shape the future vision for the ...
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Minister for Foreign Affairs of Iceland‘s official visit to India
The Minister for Foreign Affairs of Iceland, Mr. Guðlaugur Þór Þórðarson, is on an official visit to India where he arrived on 7 December on the first direct flight between the two countries. During h...
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Fitch affirms Iceland at A with a stable outlook
Today, Fitch Ratings affirmed Iceland’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at A with a stable outlook. According to the rating agency, this rating balances the economy’s very high ...
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S&P Global affirms Iceland at A/A1 with a stable outlook
Today S&P Global affirmed Iceland’s A/A-1 long- and short-term foreign and local currency sovereign credit ratings with a stable outlook. According to the rating agency, Iceland’s fiscal and exter...
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Amending bill of legislation on liberalisation of capital controls on offshore króna holders and implementation of special reserve requirement on capital inflows
This morning the Government agreed to present to Parliament a bill of legislation from the Minister of Finance and Economic Affairs, which provides for amendments to the Act on the Treatment of Króna-...
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Government of Iceland celebrated the centenary of Iceland as a sovereign country
On 1 December 2018, the Government of Iceland celebrated the centenary of Iceland as a sovereign country. Cultural events and exhibits in Reykjavik and around Iceland were open to the public. HM the...
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Iceland PM convenes a first of many high-level roundtable in historic Höfði House, Reykjavík, calling for peaceful solutions to armed conflict and the protection of universal human rights
Katrín Jakobsdóttir, Prime Minister of Iceland, convened a high-level roundtable of women leaders to discuss peace, security and sustainability in Höfði House today. Calling for inclusive and sustaina...
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Treasury buys back bonds for ISK 24bn
This week the Treasury bought back its own bonds from the Central Bank of Iceland in the amount of ISK 24bn. The securities in question are nominal Treasury bonds in the RIKB 20, RIKB 22, RIKB 25, and...
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Celebrating the Centenary of Independence and Sovereignty
On 1 December 2018, the Government of Iceland will host a cultural programme celebrating the centenary of Iceland as a sovereign country. The program will explore the past while focusing on the future...
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Minutes of the meeting of the Financial Stability Council on October 5 2018
Meeting held at the Ministry of Finance and Economic Affairs In attendance were: Bjarni Benediktsson, Minister of Finance and Economic Affairs, chairman; Már Guðmundsson, Governor of the Central Bank ...
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Progress of the Plan for Removal of Capital Controls
The Minister of Finance and Economic Affairs today published a report on the progress of plans to remove restrictions on cross-border capital movements and foreign currency trading. The minister shall...
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Leaders of Iceland and the UK reach an agreement on residence rights after Brexit
The leaders of Iceland and the UK have agreed that Icelandic citizens in the UK and British citizens in Iceland will retain their residence rights after Brexit, even in the case of a no-deal with the ...
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Iceland hosts annual NATO conference
This week, Iceland hosts the annual NATO conference on weapons of mass destruction, arms control, disarmament and non-proliferation. Gudlaugur Thór Thórdarson, Iceland‘s Minister for Foreign Affairs s...
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NATO Exercise Trident Juncture 2018 in Iceland
This month NATO Exercise Trident Juncture 2018 takes place in Iceland, Norway, Sweden, and Finland. As an integral part of Trident Juncture, several activities took place in Iceland last week with the...
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Government’s participation in the sixth Arctic Circle Assembly in Reykjavík
The annual Arctic Circle Assembly took place at Harpa last week, attracting over 2,000 guests from over fifty countries. The assembly, led by Ólafur Ragnar Grímsson former President of Iceland, has be...
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Fourth meeting of the Financial Stability Council in 2018
The fourth meeting of the Financial Stability Council in 2018 was held on Friday October 5th. The meeting discussed risks in the financial system which is still considered moderate, despite having inc...